10:35 AM, 25th May 2015, About 8 years ago 13
Hi, please would members share their views on managing rent increases.
We have a small portfolio of 8 properties all tenanted with good tenants. Some have been with us for 2-3 years and we have always made small increases to the rents on an annual basis to try to keep up with local rental values.
Is this what other landlord are doing or are they leaving the rents the same while the same tenant is in situ?
We don’t want to be seen as being greedy, but at the same time feel we need to keep up with the ever increasing rental market.
I would really appreciate your comments!